FAQ

What is Acre?

Acre is the universal bitcoin rewards network, and one of the first bitcoin-native user experiences in DeFia process that creates a new version of a token (stBTC), which represents the underlying staked token. Unlike traditional staking, where users assets are locked and illiquid until they are unstaked, stBTC is transferable while accumulating the underlying rewards.

What is stBTC?

stBTC is a liquid staking token that can be redeemed for BTC from the stBTC ERC-4626 vault. BTC deposited to Acre earns rewards by dispatching bitcoin to different parts of the crypto ecosystem, such as Bitcoin Layer 2 protocols that use BTC as their security asset, or DeFi marketplaces. In exchange, a reward bitcoin reward is earned that accumulates to the Acre vault and can be redeemed by stBTC holders.

What happens to my Bitcoin when I deposit?

BTC deposited in Acre is used to mint tBTC via Threshold Network. The tBTC is then dispatched to select protocols to earn rewards. All tBTC movements within Acre can be tracked in the smart contracts on the Ethereum network.

How are my assets secured?

tBTC is secured through the Threshold Network, which uses a decentralized network of nodes and probabilistic guarantees to secure bitcoin used to mint tBTC. Threshold Network nodes reach a consensus before executing any kind of mint or redemption, which makes tBTC highly secure and decentralized.

Does Acre take custody of my assets?

No. When user funds are deposited into Acre, the underlying BTC is held in a 51-of-100 multisig operated by decentralized tBTC nodes. Only stBTC holders can retrieve the underlying BTC deposited in Acre. Please check out Threshold Network documentation for more detail.